Buying 12,487 shares of this high-yield FTSE dividend stock gives me a £100 monthly income – Motley Fool UK

Investing in high-yield dividend stocks can be a smart way to generate passive income. One such stock in the FTSE that is worth considering is currently offering a dividend yield that can provide a monthly income of £100. By purchasing 12,487 shares of this particular stock, investors can enjoy a steady stream of income without having to actively work for it.

Dividend stocks are known for paying out a portion of their earnings to shareholders on a regular basis. This can be a great source of passive income for investors looking to build wealth over time. By choosing a high-yield dividend stock in the FTSE, investors can benefit from both capital appreciation and consistent dividend payments.

With 12,487 shares of this high-yield FTSE dividend stock, investors can potentially earn £100 in monthly income. This can be a significant amount for those looking to supplement their existing income or build a nest egg for the future. By reinvesting the dividends back into the stock, investors can also benefit from the power of compounding and potentially grow their wealth over time.

Overall, investing in high-yield dividend stocks like the one mentioned can be a great way to generate passive income and build wealth over the long term. With careful consideration and a long-term investment strategy, investors can enjoy the benefits of steady income and potential capital appreciation.